U.S., EU Sanctions on Russia Could Ensnarl Western Oil Companies
LONDON—Some of the West’s biggest oil companies could find themselves in the crosshairs of sanctions now being drafted by their...
crude oil
Chevron Rakes in $15.6 Billion in Annual Profits as Oil Prices Climb
Chevron Corp. had its most profitable year since 2014, reporting Friday that it earned $15.6 billion in net income in...
Exxon Pledges to Reduce Carbon Emissions From Operations to ‘Net Zero’
Exxon Mobil Corp. said it has set a goal to reduce or offset greenhouse-gas emissions from its operations to zero...
Demand for Oil, Gas to Remain Robust for Years, Energy Leaders Say
The leaders of the world’s largest oil companies said Monday that demand for the products they make will remain robust...
OPEC, Russia Agree to Keep Boosting Oil Output, Jolting Prices
OPEC and a group of Russia-led oil producers agreed to continue pumping more crude, sticking to their long-term plan despite...
WSJ News Exclusive | Rivian Automotive Targets IPO Valuation Just Above $60 Billion
Rivian Automotive Inc. is seeking a valuation in a range just above $60 billion in its initial public offering next...
Carbon Offsets Are Used by Companies Seeking ‘Net Zero,’ but Concerns Persist
Companies are snapping up carbon offsets, but the patchwork of informal markets serving that appetite lack consistent standards and oversight,...
Oil Prices Have Topped $80. But Don’t Expect a Spending Bonanza from Shale Drillers
Shale companies are on track to spend a little more money pumping oil next year, but most aren’t opening up...
BHP Considers Sale of $15 Billion-Valued Petroleum Business
SYDNEY— BHP Group Ltd. , the world’s biggest mining company, said it is considering the sale of its petroleum business,...
Exxon, Chevron Report Billions in Profits but Plan to Keep Spending Tight
Big oil companies are raking in their highest profits since the onset of the coronavirus pandemic, but they plan to...
Chevron Foe Steven Donziger Found Guilty of Contempt in Ecuador Saga
Disbarred attorney Steven Donziger was found guilty of six counts of criminal contempt of court, the latest twist in a...
Apple, Amazon, Tesla Among the Giants Set to Post Results
Corporate giants from Apple Inc. to Visa Inc. are expected to report their financial results over the coming week, giving...
